GOLD 4H CHART ROUTE MAP UPDATE

Hey Everyone,

Another great day on the markets today once again. Yesterday we updated our 1H CHART IDEA and today we update our 4H CHART IDEA.

Great start with our Bullish target hit at 2889 earlier this week followed with no cross and lock confirming the rejection and support for the bounce into 2918 completing our Bullish target. We now have a lock above 2918 opening 2947. We will look for a test and lock for a further continuation or failure to lock above will see a rejection to find support at the lower Goldturns for support and bounce.

We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.

We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.

We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.

BULLISH TARGET
2918 - DONE

EMA5 CROSS AND LOCK ABOVE 2918 WILL OPEN THE FOLLOWING BULLISH TARGET
2947

EMA5 CROSS AND LOCK ABOVE 2947 WILL OPEN THE FOLLOWING BULLISH TARGET
2978

BEARISH TARGETS
2889 - DONE

EMA5 CROSS AND LOCK BELOW 2889 WILL OPEN THE FOLLOWING BEARISH TARGET
2857

EMA5 CROSS AND LOCK BELOW 2857 WILL OPEN THE SWING RANGE

SWING RANGE
2813 - 2772

As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!

Mr Gold
GoldViewFX